PTO Budget Update: SEPTEMBER 2021
The Bishop PTO 2021-2022 budget was unanimously approved at the September 22, 2021 PTO Community Meeting.
At the start of this school year, our PTO finances are sound. Given a stronger than expected 2020-2021 year, which is mostly attributed to the unexpected success of the Read-A-Thon, long term emergency funds were restored to $15,000. Base cash for the 2022-2023 board was also secured at $10,000. Finally, this year’s board had $11,376 available in September so that $7,400 in teacher checks were written and distributed during the second week of school.
Predicting fundraising for this year remained challenging given the lingering presence of the pandemic and uncertainty about the ability to run in-person events and activities. To guide our budgeting process, we looked to historical data. Two years of data from 2017-2019 reflected “typical years.” Two years of data from 2019-2021 reflected “pandemic years.” Considering the data, 2021-2022 was budgeted at a conservative level. Spending, however, was increased by 28% over “pandemic years.” The PTO board proposed a 2021-2022 budget with a small deficit because of the excess funds available from last school year. Moreover, if this year looks more like a “typical year” and more activities and events take place, we expect to be able to raise the supporting funds to cover our spending initiatives.
A link to the 2021-2022 PTO budget is included at the bottom of this page. Please reach out to the PTO with any further questions.
Bishop PTO Yearly Budget
At the start of this school year, our PTO finances are sound. Given a stronger than expected 2020-2021 year, which is mostly attributed to the unexpected success of the Read-A-Thon, long term emergency funds were restored to $15,000. Base cash for the 2022-2023 board was also secured at $10,000. Finally, this year’s board had $11,376 available in September so that $7,400 in teacher checks were written and distributed during the second week of school.
Predicting fundraising for this year remained challenging given the lingering presence of the pandemic and uncertainty about the ability to run in-person events and activities. To guide our budgeting process, we looked to historical data. Two years of data from 2017-2019 reflected “typical years.” Two years of data from 2019-2021 reflected “pandemic years.” Considering the data, 2021-2022 was budgeted at a conservative level. Spending, however, was increased by 28% over “pandemic years.” The PTO board proposed a 2021-2022 budget with a small deficit because of the excess funds available from last school year. Moreover, if this year looks more like a “typical year” and more activities and events take place, we expect to be able to raise the supporting funds to cover our spending initiatives.
A link to the 2021-2022 PTO budget is included at the bottom of this page. Please reach out to the PTO with any further questions.
Bishop PTO Yearly Budget